TaxTMI 
TaxTMI 
1986 (5) TMI 168
X X X X Extracts X X X X
X X X X Extracts X X X X
....ri B.R. Tripathi, SDR, for the Respondent. [Order per : M. Gouri Shanker, Member (J)]. - The short question that arises for consideration in this appeal is as to whether the appellant, in whom the undertaking as well as the right, title and interest of M/s. Inchek Tyres Ltd. in such undertaking had vested with effect from 14-2-1984, in terms of the provisions of the Inchek Tyres Ltd. and Nation....
X X X X Extracts X X X X
X X X X Extracts X X X X
....rice.    The notice further required the appellant to show cause as to why the differential duty on the freight amounting to Rs.32,274.03 should not be realised from and a penalty levied upon, the appellant since 'M/s. Inchek Tyres Ltd. are now' the appellant; (b) the appellant in reply to the aforesaid notice submitted that M/s. Inchek Tyres Ltd. had been nationalised by an Ordin....
X X X X Extracts X X X X
X X X X Extracts X X X X
....cifically Sections 3 and 5 thereof and Notification No. SO 149(E) dated 5-3-1984, the right, title and interest of M/s. Inchek Tyres Ltd. in the undertaking had vested initially in the Central Government and finally in the appellant, free from all encumbrances and liabilities with effect from 14-2-1984; (b) in terms of Section 18 of the said Act, every person having a claim against M/s. Inch....